MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product (520033.KQ) Price
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product Price
Underlying
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product provides 2X daily exposure to MIRAE.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product List of Holdings
Frequently asked questions about MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product is offered by Mirae Asset, a leading player in the field of passive investments.
The ISIN of MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product is KRG520000339.
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product aims to deliver 2 times the daily return of MIRAE (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product provides 2X daily long exposure to MIRAE. When MIRAE moves +1% in a day, MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product targets approximately 2% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product does not comply with the EU UCITS investor protection directives.
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product tracks the performance of the Dow Jones Commodity Index 2X Leverage Silver - KRW - Benchmark TR Gross.
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product is domiciled in KR.
The fund was launched on 9/6/2021.
The MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product mainly invests in Silver companies.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
MIRAE ASSET SECURITIES CO. LTD. 2021-08.09.26 (Exp.04.09.26) on DJCI 2X Leverage Silver TR Exchange Traded Product